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Microeconomics of Knowledge: African Case


  • Manuel, Eduardo


Since the process of globalization era, we can always lived in economics of knowledge. The cicle of economics founded on knowledge are compost by three components: the investment in knowledge; the production and the diffusion of information technology and communication (ITC) and the institutional mechanisms that favor the access to knowledge (Foray, 2004). By fact the economics are divided in Micro and Macroeconomics, this work has as objective to approach theme “Microeconomics of Knowledge” based on African case. We concluded that, in general analysis, South Africa and Tunisia are the countries of the selected with better performance in microeconomics of knowledge, and Angola, Chad and Ethiopia are poor countries in this area of knowledge. High rates of adult alphabetization can stimulate companies and firms to employ skilled personal according to their necessities and this personal can and it is ready to work with advanced technology and to effect R&D for development of their activities.

Suggested Citation

  • Manuel, Eduardo, 2006. "Microeconomics of Knowledge: African Case," MPRA Paper 2137, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:2137

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    References listed on IDEAS

    1. Goeree, Jacob K., 2003. "Bidding for the future: signaling in auctions with an aftermarket," Journal of Economic Theory, Elsevier, vol. 108(2), pages 345-364, February.
    2. Pitchik, Carolyn, 2009. "Budget-constrained sequential auctions with incomplete information," Games and Economic Behavior, Elsevier, vol. 66(2), pages 928-949, July.
    3. Roberto Burguet & R. McAfee, 2009. "License prices for financially constrained firms," Journal of Regulatory Economics, Springer, vol. 36(2), pages 178-198, October.
    4. Carolyn Pitchik & Andrew Schotter, 1988. "Perfect Equilibria in Budget-Constrained Sequential Auctions: An Experimental Study," RAND Journal of Economics, The RAND Corporation, vol. 19(3), pages 363-388, Autumn.
    5. Krishna, Vijay, 2009. "Auction Theory," Elsevier Monographs, Elsevier, edition 2, number 9780123745071.
    6. Yeon-Koo Che & Ian Gale, 1998. "Standard Auctions with Financially Constrained Bidders," Review of Economic Studies, Oxford University Press, vol. 65(1), pages 1-21.
    7. Marco Pagnozzi, 2007. "Bidding to lose? Auctions with resale," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 1090-1112, December.
    8. Bergstrom, Theodore C. & Varian, Hal R., 1985. "Two remarks on Cournot equilibria," Economics Letters, Elsevier, vol. 19(1), pages 5-8.
    9. Bandulet Martin & Morasch Karl, 2003. "Incentives to Invest in Transport Cost Reduction - Conceptual Issues and an Application to Electronic Commerce," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 3(1), pages 1-22, December.
    10. Roberto Burguet, 2000. "Auction theory: a guided tour," Investigaciones Economicas, Fundación SEPI, vol. 24(1), pages 3-50, January.
    11. Shapiro, Carl, 1989. "Theories of oligopoly behavior," Handbook of Industrial Organization,in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 6, pages 329-414 Elsevier.
    12. Schwartz, Marius, 1989. "Investments in Oligopoly: Welfare Effects and Tests for Predation," Oxford Economic Papers, Oxford University Press, vol. 41(4), pages 698-719, October.
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    More about this item


    Economic of Knowledge; Macroeconomics; Microeconomics; Microeconomics of Knowledge;

    JEL classification:

    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • D29 - Microeconomics - - Production and Organizations - - - Other

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